Discover your benefits and rewards

There are 3 tiers in Preferred Rewards. Your tier is based on your qualifying combined balances in your Merrill investment accounts and/or Bank of America® deposit accounts. As your qualifying balances grow, so do your benefits. Once enrolled, we'll move you up automatically when your balances qualify you for the next rewards tier.

Get a professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals. Get started with as little as $5,000 for Merrill Guided Investing or $20,000 for Merrill Guided Investing with an advisor.Footnote 8

Fee discount

Gold0.05%

Platinum0.10%

Platinum Honors0.15%

Close

Savings

5%

interest rate boosterFootnote 3

Earn more for every dollar you save

An interest rate booster on an eligible savings account.Footnote 3

For example, if the interest rate on a Rewards Savings or eligible savings account is 1.00%, a 5% rate booster would increase the interest rate to 1.05%. Interest rate shown is for illustration only. Visit bankofamerica.com/savings for current products and rates.

Gold5% interest rate booster

Platinum10% interest rate booster

Platinum Honors20% interest rate booster

Close

Credit Card

25%

on eligible Bank of America credit cards

A rewards bonus on eligible Bank of America credit cards.4

Eligible credit cards earn a 25% rewards bonus.

For example, for credit cards that earn points or cash rewards, your rewards bonus will be awarded on every purchase. That means a purchase that earns 100 base points will actually earn 125, 150 or 175 and a purchase that earns $1.00 cash rewards will actually earn $1.25, $1.50 or $1.75 based on your tier when the purchase posts to your account.

Gold25% rewards bonus

Platinum50% rewards bonus

Platinum Honors75% rewards bonus

Close

ATM Withdrawals

up to12 / year

No-fee transactions at non-Bank of America ATMs5

Non-Bank of America ATM transactions when you need them

No-fee ATM transactions (withdrawals, balance inquiries and balance transfers) with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S.5

Get a professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals. Get started with as little as $5,000 for Merrill Guided Investing or $20,000 for Merrill Guided Investing with an advisor.Footnote 8

Fee discount

Gold0.05%

Platinum0.10%

Platinum Honors0.15%

Close

Savings

5%

interest rate boosterFootnote 3

Earn more for every dollar you save

An interest rate booster on an eligible savings account.Footnote 3

For example, if the interest rate on a Rewards Savings or eligible savings account is 1.00%, a 5% rate booster would increase the interest rate to 1.05%. Interest rate shown is for illustration only. Visit bankofamerica.com/savings for current products and rates.

Gold5% interest rate booster

Platinum10% interest rate booster

Platinum Honors20% interest rate booster

Close

Credit Card

25%

on eligible Bank of America credit cards

A rewards bonus on eligible Bank of America credit cards.4

Eligible credit cards earn a 25% rewards bonus.

For example, for credit cards that earn points or cash rewards, your rewards bonus will be awarded on every purchase. That means a purchase that earns 100 base points will actually earn 125, 150 or 175 and a purchase that earns $1.00 cash rewards will actually earn $1.25, $1.50 or $1.75 based on your tier when the purchase posts to your account.

Gold25% rewards bonus

Platinum50% rewards bonus

Platinum Honors75% rewards bonus

Close

ATM Withdrawals

up to12 / year

No-fee transactions at non-Bank of America ATMs5

Non-Bank of America ATM transactions when you need them

No-fee ATM transactions (withdrawals, balance inquiries and balance transfers) with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S.5

Get a professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals. Get started with as little as $5,000 for Merrill Guided Investing or $20,000 for Merrill Guided Investing with an advisor.Footnote 8

Fee discount

Gold0.05%

Platinum0.10%

Platinum Honors0.15%

Close

Savings

10%

interest rate boosterFootnote 3

Earn more for every dollar you save

An interest rate booster on an eligible savings account.Footnote 3

For example, if the interest rate on a Rewards Savings or eligible savings account is 1.00%, a 5% rate booster would increase the interest rate to 1.05%. Interest rate shown is for illustration only. Visit bankofamerica.com/savings for current products and rates.

Gold5% interest rate booster

Platinum10% interest rate booster

Platinum Honors20% interest rate booster

Close

Credit Card

50%

on eligible Bank of America credit cards

A rewards bonus on eligible Bank of America credit cards.4

Eligible credit cards earn a 25% rewards bonus.

For example, for credit cards that earn points or cash rewards, your rewards bonus will be awarded on every purchase. That means a purchase that earns 100 base points will actually earn 125, 150 or 175 and a purchase that earns $1.00 cash rewards will actually earn $1.25, $1.50 or $1.75 based on your tier when the purchase posts to your account.

Gold25% rewards bonus

Platinum50% rewards bonus

Platinum Honors75% rewards bonus

Close

ATM Withdrawals

up to12 / year

No-fee transactions at non-Bank of America ATMs5

Non-Bank of America ATM transactions when you need them

No-fee ATM transactions (withdrawals, balance inquiries and balance transfers) with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S.5

Get a professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals. Get started with as little as $5,000 for Merrill Guided Investing or $20,000 for Merrill Guided Investing with an advisor.Footnote 8

Fee discount

Gold0.05%

Platinum0.10%

Platinum Honors0.15%

Close

Savings

20%

interest rate boosterFootnote 3

Earn more for every dollar you save

An interest rate booster on an eligible savings account.Footnote 3

For example, if the interest rate on a Rewards Savings or eligible savings account is 1.00%, a 5% rate booster would increase the interest rate to 1.05%. Interest rate shown is for illustration only. Visit bankofamerica.com/savings for current products and rates.

Gold5% interest rate booster

Platinum10% interest rate booster

Platinum Honors20% interest rate booster

Close

Credit Card

75%

on eligible Bank of America credit cards

A rewards bonus on eligible Bank of America credit cards.4

Eligible credit cards earn a 25% rewards bonus.

For example, for credit cards that earn points or cash rewards, your rewards bonus will be awarded on every purchase. That means a purchase that earns 100 base points will actually earn 125, 150 or 175 and a purchase that earns $1.00 cash rewards will actually earn $1.25, $1.50 or $1.75 based on your tier when the purchase posts to your account.

Gold25% rewards bonus

Platinum50% rewards bonus

Platinum Honors75% rewards bonus

Close

ATM Withdrawals

unlimited

No-fee transactions at non-Bank of America ATMs5

Non-Bank of America ATM transactions when you need them

No-fee ATM transactions (withdrawals, balance inquiries and balance transfers) with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S.5

How to get started

Enroll in Preferred Rewards

There are no fees to join or participate in Preferred Rewards. Here's all you need to enroll:

An eligible Bank of America personal checking account

Three-month average combined balances of $20,000 or more in qualifying Merrill Edge and Merrill Lynch investments accounts and/or Bank of America deposit accounts. Visit the Bank of America learning center for more information.

Preferred Rewards program details

There are 3 tiers in the Preferred Rewards program. Your tier is based on your qualifying combined balances in your Bank of America banking and/or Merrill Edge and Merrill Lynch investment accounts.

Once enrolled, you'll be moved up automatically when your balances qualify you for the next rewards tier. And no need to worry if your balances dip now and then. Once you reach a rewards tier, you'll keep your program benefits for a full 12 months.

Gold

Platinum

Platinum Honors

Required balance

$20K to < $50K 3-month average combined balance

$50K to < $100K 3-month average combined balance

$100K+ 3-month average combined balance

Merrill Edge® Self-Directed

Up to 10/month $0 online stock and ETF tradesFootnote 1 in a Merrill Edge online investing and trading account.
Other fees may apply.*

Up to 12 per year no-fee ATM transactions – withdrawals, balance inquiries and balance transfers (one each per statement cycle) – with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S. and U.S. territories.Footnote 5

Unlimited no-fee ATM transactions – withdrawals, balance inquiries and balance transfers with a Bank of America debit or ATM card at non-Bank of America ATMs in the U.S. and U.S. territories.Footnote 5

Auto loan Discount

0.25% Interest rate discount on a new Bank of America auto purchase or refinance loan.Footnote 7

0.35% Interest rate discount on a new Bank of America auto purchase or refinance loan.Footnote 7

0.50% Interest rate discount on a new Bank of America auto purchase or refinance loan.Footnote 7

Additional checking and savings accounts

No monthly maintenance fees on up to 4 eligible checking and 4 savings accounts from Bank of America.

No monthly maintenance fees on up to 4 eligible checking and 4 savings accounts from Bank of America.

No monthly maintenance fees on up to 4 eligible checking and 4 savings accounts from Bank of America.

$200Reduction in the Origination FeeFootnote 9 on a new purchase or refinance mortgage
Other fees may apply.*

$400Reduction in the Origination FeeFootnote 9 on a new purchase or refinance mortgage
Other fees may apply.*

$600Reduction in the Origination FeeFootnote 9 on a new purchase or refinance mortgage
Other fees may apply.*

How to get started

Enroll in Preferred Rewards

There are no fees to join or participate in Preferred Rewards. Here's all you need to enroll:

An eligible Bank of America personal checking account

Three-month average combined balances of $20,000 or more in qualifying Merrill Edge and Merrill Lynch investments accounts and/or Bank of America deposit accounts. Visit the Bank of America learning center for more information.

All you need to qualify is an eligible Bank of America® personal checking account and maintain a three-month average combined balance of $20,000 in your Merrill investment accounts and/or your Bank of America deposit accounts.

Yes, and enrollment is simple. There are no fees to join or participate in Preferred Rewards. And once you're enrolled, as your balances qualify you for the next level of rewards, you'll move up automatically.

After you enroll in Preferred Rewards, you can talk to a specialist to convert your existing savings account to an eligible savings account or to open a new credit card account that's eligible for the rewards bonus.

To maintain your status, you need an eligible Bank of America personal checking account and a three-month average combined balance of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier in qualifying Merrill investment accounts and/or Bank of America deposit accounts.

You will maintain your Preferred Rewards tier status for 12 months following your enrollment. If after 12 months you no longer meet the checking account or balance requirement, you'll have a three-month grace period. If you haven't met the checking account or balance requirement after three months, you'll either be moved to a lower tier or lose your Preferred Rewards benefits.

Preferred Rewards benefits include $0 online stock and ETF tradesFootnote 1 (10 per month for the Gold tier, 30 per month for the Platinum tier and 100 per month for the Platinum Honors tier). Plus, Platinum and Platinum Honors have access to Merrill Edge MarketProFootnote ,2 a powerful trading and analysis tool that you can customize. Other fees may apply.

As a Preferred Rewards member, you're eligible for preferred pricing with a Merrill Guided Investing account. Get a professionally managed portfolio aligned to your goals that's built, monitored and rebalanced by Merrill investment professionals. Get started with as little as $5,000 for Merrill Guided Investing or $20,000 for Merrill Guided Investing with an advisor. Other fees may apply.*

How to get started

Enroll in Preferred Rewards

There are no fees to join or participate in Preferred Rewards. Here's all you need to enroll:

An eligible Bank of America personal checking account

Three-month average combined balances of $20,000 or more in qualifying Merrill investments accounts and/or Bank of America deposit accounts. Visit the Bank of America learning center for more information.

Other fees may apply. Sales are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs. Learn more about Merrill Edge pricing.

You are eligible to enroll in the Preferred Rewards program if you have an active, eligible Bank of America® personal checking or Bank of America Advantage Banking account and maintain a three-month average combined balance in your qualifying Bank of America deposit accounts and/or your qualifying Merrill Edge® and Merrill Lynch® investment accounts of at least $20,000 for the Gold tier, $50,000 for the Platinum tier, or $100,000 for the Platinum Honors tier. The combined balance is calculated based on your average daily balance for a three calendar month period. Certain benefits are also available without enrolling in Preferred Rewards if you satisfy balance and other requirements. For details on employee qualification requirements, please call Employee Financial Services or visit the Bank of America intranet site. Merrill Lynch Wealth Management clients with greater than $250,000 in assets with Bank of America and Merrill Lynch are eligible for additional banking benefits. Please speak with your Merrill financial advisor for details.

For details about commissions, transaction fees and any other fees that may apply, visit merrilledge.com/pricing. For full details about ways to qualify for $0 trades, call 888.637.3343 or visit merrilledge.com/$0detail. Preferred Rewards for Wealth Management clients (formerly known as Banking Rewards for Wealth Management), other than Bank of America Private Bank clients, do not receive Merrill Edge® Self-Directed commissions waivers.

Footnote

Merrill Edge MarketPro® is available to clients who maintain a Merrill Edge self-directed relationship. To qualify, you must maintain total combined balances of $50,000 or more in your Merrill Edge and Merrill Lynch investment accounts and Bank of America, N.A. deposit accounts, or make at least 15 self-directed trades per quarter. Preferred Rewards Platinum or Preferred Rewards Platinum Honors also qualify. Not available to investment professionals or for trust accounts and business accounts. Relationship requirements and pricing are subject to change.

Footnote

The Savings interest rate booster is only available to customers enrolled in the Preferred Rewards program. Your enrollment in Preferred Rewards will not automatically convert any existing savings account to a Rewards Savings or eligible savings account without your request. If your enrollment in the Preferred Rewards program is discontinued, the interest rate booster may be discontinued. The interest rate in the interest rate booster example is for illustrative purposes only. Visit bankofamerica.com/savings for current products and rates.

Footnote

Credit Card Preferred Rewards Bonus. Certain credit cards are eligible to receive the Preferred Rewards bonus. Enrolled Preferred Rewards members can receive a Preferred Rewards bonus of 25% for the Gold tier, 50% for the Platinum tier, or 75% for the Platinum Honors tier based on their Program tier and type of card. If your product receives the 10% customer bonus, the Preferred Rewards bonus will replace the 10% customer bonus. The Bank of America® Cash Rewards credit card Preferred Rewards bonus will be applied after all base and bonus cash rewards have been calculated on a purchase. For example, a $100 purchase that earns 3% ($3.00) will actually earn $3.75, $4.50 or $5.25 based on your tier when the purchase posts to your account. For all other eligible card types, a purchase that earns 100 base points will actually earn 125, 150 or 175 points based on your tier when the purchase posts to your account. Other terms and conditions apply. Please refer to your card's Program Rules for details about how you will receive the Preferred Rewards bonus. Program Rules are mailed upon account opening and are accessible through the rewards redemption site via Online Banking or by calling the number on the back of your card.

Preferred Rewards Platinum and Platinum Honors tiers using a Bank of America® debit or ATM card will not be charged the non-Bank of America ATM fee and will receive a refund of the ATM operator or network fee for withdrawals, balance inquiries and balance transfers (1 each per statement cycle for Platinum tiers, unlimited for Platinum Honors tiers) from non-Bank of America ATMs in the U.S. and U.S. territories.

Auto loan preferred interest rate discount of 0.25% to 0.50% is based on reward tier and valid only for enrolled Preferred Rewards members or Preferred Rewards for Wealth Management clients at the time of auto loan application who obtain a Bank of America auto purchase or refinance loan. The maximum preferred interest rate discount on a Bank of America auto loan is 0.50%. This preferred interest rate discount is not reflected in our published rates on our website but will be reflected in the interest rate quoted upon loan approval. Discounts are only available on auto loan applications submitted by you to Bank of America and not applications submitted through dealerships. Benefit is non-transferable. Subject to credit approval. Standard underwriting guidelines and credit policies apply.

Merrill Lynch® clients with an active, eligible Bank of America® personal checking or Bank of America Advantage Banking account and a three-month average combined balance of at least $20,000 can enroll in Preferred Rewards. Merrill Lynch clients with a three-month average combined balance of at least $250,000 and an active, eligible Bank of America personal checking or Bank of America Advantage Banking account and all Bank of America Private Bank® clients are eligible for the Banking Rewards for Wealth Management program. The combined balance is calculated based on your average daily balance for a three calendar month period. The Banking Rewards for Wealth Management program will be renamed Preferred Rewards for Wealth Management. Please speak with your Merrill Lynch financial advisor or Bank of America Private Bank advisor for more information.

Footnote 8 Clients enrolled in Preferred Rewards receive a discount off the Merrill Guided Investing program's annual asset-based fee of 0.45%, and the Merrill Guided Investing with an advisor and Merrill Edge Advisory Account programs' annual asset-based fee of 0.85% for any of their accounts enrolled in the respective advisory programs. Preferred Rewards-enrolled clients receive a discount of 0.05% off of the annual rate for the Gold tier, 0.10% for the Platinum tier, or 0.15% for the Platinum Honors tier based on their Preferred Rewards tier effective at the time the applicable advisory program fee is calculated. Bank of America Private Bank clients will also receive a discount of 0.15% off of the annual rate. It may take up to 30 calendar days for changes to your Preferred Rewards status or tier to be associated with and effective for your accounts in the advisory programs. This fee is charged monthly in advance. In addition to the annual program fee, the expenses of the investments will vary based on the specific funds within each portfolio. Actual fund expenses will vary; please refer to each fund's prospectus. Sales of ETFs are subject to a transaction fee of between $0.01 and $0.03 per $1,000 of principal. There are costs associated with owning ETFs and mutual funds. To learn more about pricing, visit merrilledge.com/pricing.

Preferred Rewards for Wealth Management clients (formerly known as Banking Rewards for Wealth Management), other than Bank of America Private Bank clients, do not receive the Merrill Guided Investing fee discount.

Footnote 9 The origination fee reduction is available to clients who are enrolled or are eligible to enroll in Preferred Rewards at the time of application for a new purchase or refinance loan (for co-borrowers, at least one applicant must be enrolled or eligible to enroll). Amount of the reduction ($200 for Gold tier, $400 for Platinum tier and $600 for Platinum Honors tier) is based on your eligible tier at the time of mortgage application and is not subject to adjustment. This reduction will not exceed the amount of the Lender Origination Fee. Eligibility will be available three or more business days after the end of the calendar month in which you satisfy the requirements. Some discounts cannot be combined. For details on requirements, visit the Preferred Rewards section of the Personal Schedule of Fees Benefit is non-transferable. Bank of America Private Bank clients receive Private Bank mortgage rates and fees through their client team. Contact your client team for details.

Contact Us

Merrill Edge was one of 14 brokers evaluated in the Barron's 2019 Best Online Broker Survey, February 22, 2019. Barron's evaluated firms in — the trading platform, usability, mobile, research, education, news, information, international offerings and retirement/divided-related services—to rate the firms. Merrill Edge earned an overall score of 28 out of a possible 50. All costs assume customer has a minimum of $100,000 in assets with broker. Occasional Trader: six stock and two options trades per month. Assumes customer qualifies for 100 $0 stock trades per month through Preferred Rewards Platinum Honors. If not, occasional fee is $70.60 per month. Learn more at Who Are 2019's Best Online Brokers? popup. Barron's is a trademark of Dow Jones & Co., L.P. All rights reserved. Reprinted with permission of Barron's. Rankings and recognition from Barron's are no guarantee of future investment success and do not ensure that a current or prospective client will experience a higher level of performance results and such rankings should not be construed as an endorsement.

J.D. Power 2018 Certified Contact Center ProgramSM recognition is based on successful completion of an evaluation and exceeding a customer satisfaction benchmark through a survey of recent servicing interactions. For more information, visit J.D. Power popup. The ranking or ratings shown here may not be representative of all client experiences because they reflect an average or sampling of the client experiences. These rankings or ratings are not indicative of any future performance or investment outcome. Participation in this survey was paid for by Merrill Lynch.

Investing in securities involves risks, and there is always the potential of losing money when you invest in securities.

The performance data contained herein represents past performance which does not guarantee future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted. For performance information current to the most recent month end, please contact us.

Returns include fees and applicable loads. Since Inception returns are provided for funds with less than 10 years of history and are as of the fund's inception date. 10 year returns are provided for funds with greater than 10 years of history.

Before investing consider carefully the investment objectives, risks, and charges and expenses of the fund, including management fees, other expenses and special risks. This and other information may be found in each fund's prospectus or summary prospectus, if available. Always read the prospectus or summary prospectus carefully before you invest or send money. Prospectuses can be obtained by contacting us.

Expense Ratio – Gross Expense Ratio is the total annual operating expense (before waivers or reimbursements) from the fund's most recent prospectus. You should also review the fund's detailed annual fund operating expenses which are provided in the fund's prospectus.

Neither Merrill Lynch nor any of its affiliates or financial advisors provide legal, tax or accounting advice. You should consult your legal and/or tax advisors before making any financial decisions.